Finance Act 2020
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Amendment of section 83D of Principal Act (repayment of stamp duty where land used for residential purposes) | ||
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50. Section 83D of the Principal Act is amended— | ||
(a) in subsections (3)(c)(i) and (5)(a) by substituting “30 months” for “2 years”, | ||
(b) by substituting the following subsection for subsection (4): | ||
“(4) Where the land is acquired for the purpose of constructing a single dwelling unit— | ||
(a) subsection (3)(c)(ii) shall not apply, and | ||
(b) where a declaration of intention to opt out of statutory certification has been submitted in accordance with article 9(5) of the Regulations of 1997 and included on the public register in accordance with paragraph (10) of article 20F of those Regulations, the dwelling unit specified in a commencement notice shall, for the purposes of this section, be treated as completed when a completion certificate is issued under subsection (13) or (14) of section 9D of the Electricity Regulation Act 1999 not later than 30 months after the date of sending by a building control authority, in accordance with article 10(2) or 20A(3)(b), as the case may be, of the Regulations of 1997, of an acknowledgment in relation to that commencement notice.”, | ||
and | ||
(c) in subsection (18) by substituting “31 December 2022” for “31 December 2021”. |